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H Ross Perot News

26 Nov 2012

Appreciating Depreciation

Richard Paine explains why depreciation is a very specialized section of the tax laws, especially when it comes to your fleet assets. The Great Lakes Towing tug “North Dakota” was built as the “John M. Truby” in 1910 at a cost of $18,576.23. After 102 years, she still plies the waters of the Great Lakes daily, working hard and reliably for her owner. A recent survey valued her at over $500,000.00. Eventually, everything ages and wears out. You do, your car does, and so do your copier and computer. As they travel through their useful life and wear out, their value diminishes. When you drive off in your new car, fresh off the dealer’s lot, you can, to paraphrase Ross Perot, hear the sucking sound of a couple of thousand dollar bills flying out the window.

21 Apr 2009

Navy Commissions Newest Ship

USS Stockdale (DDG 106), the Navy's newest Arleigh Burke class guided-missile destroyer, was Commissioned at Naval Base Ventura County Port Hueneme on Saturday, April 18, during a formal ceremony featuring H. Ross Perot as the Honorary Chair for the event and Admiral Keating as the Keynote Speaker. The fast warship - which is the same class of Navy ship as the USS Bainbridge deployed to the waters off Somalia to help in the rescue efforts of Capt. Roberts Phillips - will provide multi-mission offensive and defensive capabilities. As the first destroyer named for the Navy's highest ranking POW, the ship embodies the spirit and patriotism of Medal of Honor Recipient Vice Admiral James Bond Stockdale.

13 Apr 2009

Newest Navy Ship Visit

USS Stockdale (DDG 106), the Navy's newest Arleigh Burke class guided-missile destroyer, will be arriving at Naval Base Ventura County Port Hueneme on Tuesday, April 14th at approximately 10:00 a.m. and will be Commissioned during a formal ceremony on April 18 at 11:00 featuring Admiral Keating as the Keynote Speaker and H. Ross Perot as the Honorary Chair for the event. An estimated 100 Vietnam Veterans and former Prisoners of War, and Medal of Honor recipients are attending this historic commissioning and the surrounding events. Named after the much respected American war hero and former Vice-Presidential candidate, Navy Vice Admiral James Bond Stockdale, the fast warship will provide multi-mission offensive and defensive capabilities.

04 Apr 2007

Naval Academy Honors Distinguished Alumni

The U.S. Naval Academy paid tribute to four of its alumni March 30 and 31 through the 2007 Naval Academy Alumni Association Distinguished Graduate Award program. Retired Rear Adm. Maurice H. Rindskopf, retired Adm. Thomas B. Hayward, Ralph W. Hooper, and retired Adm. Leighton W. Smith Jr. received the Distinguished Graduate Award in a ceremony March 30, and participated in a leadership conference with more than 500 Midshipmen March 31. During the ceremony, the Midshipmen learned about Rindskopf’s exploits as a submariner in the Pacific during World War II; Hayward’s experiences as Chief of Naval Operations; Hooper’s business, sailing and philanthropic interests…

18 Jan 2006

CNO Announces Newest DDG

Chief of Naval Operations (CNO), Adm. Michael G. Mullen, announced the construction of USS Stockdale (DDG 106) at the Western Conference and Exposition (West 2006) at the San Diego Conference Center January 12 in the presence of Mrs. Sybil Stockdale, widow of Navy and Vietnam War hero, Vice Adm. James B. Stockdale. “You and James are examples to all of us,” said Mullen to Stockdale. “Vice Adm. Mullen went on to say that it was the first ship he’s named as CNO and that it was only fitting to name it after James Stockdale. “I can’t even put it into words what this means to me,” said Dr. James B. Stockdale, Jr., son of the vice admiral. “I feel very proud. Stockdale is considered by many to be one of the greatest heroes in U.S. history. He was the highest-ranking POW in the Vietnam War.